WREN Portfolio

Check back soon for additions to the WREN Capital portfolio of small-bay, single-tenant industrial and industrial outdoor storage (IOS) assets.

1320 West AUTO DRIVE

Phoenix, AZ

$9.2M Acquisition Price

~53k SF building is a small-bay, advanced manufacturing headquarters facility located 1 mile from 1-10

1320 W. Auto Drive, located within Tempe Business Center, is a flexible small-bay industrial facility with office space and ample room for climate-controlled manufacturing, distribution or assembly.

Key Property Highlights

  • Nearby access to I-10 and US-60 provides outstanding connectivity within the bustling South Tempe submarket. 
  • Located less than 10 minutes from Phoenix Sky Harbor International Airport and Arizona State University. 
  • Convenient loading access with two grade-level doors and two dock-high doors. 
  • Advanced manufacturing power capacity of 3,600 amps; expandable to 4,000 amps.  

For leasing information, visit the property website or contact Keri Scott at Colliers.

Property to be contributed to WREN Industrial Opportunity Fund I following lease stabilization.

234 East Mohave Street

Phoenix, AZ

$5M Acquisition Price

3.9-acre contractor yard with excellent freeway access in the Central Phoenix Submarket

234 E. Mohave Street is an Industrial Outdoor Storage property featuring an outstanding central location, excellent freeway access to I-17 and A-1 zoning. Acquired below replacement cost, we believe there is tremendous upside for this asset. The property is undergoing minor landlord improvements to help attract a new tenant.

Key Property Highlights

  • 3.9-acre infill property within the geographic center the Phoenix industrial market
  • Convenient access to freeways, rail facilities and Phoenix Sky Harbor airport
  • Five existing buildings totaling ~31k SF, including ~10k SF of office, and an improved asphalt/gravel IOS yard
  • A-1 light industrial zoning supports nearly all IOS uses

For leasing information, visit the property website:
234 E. Mohave Street

Property to be contributed to WREN Industrial Opportunity Fund I following lease stabilization.

8855 NORTH BLACK CANYON HIGHWAY

Phoenix, AZ

$3.725M Acquisition Price

~21k SF building on 1.29 acres is a small-bay industrial/IOS facility leased to Wholesale Flooring with immediate frontage to I-17

8855 N. Black Canyon Hwy. serves as Wholesale Flooring’s headquarters, showroom, warehouse and outdoor storage facility. Located conveniently along I-17, the facility provides immediate freeway access in all directions.

Key Property Highlights

  • Small-bay industrial/IOS property featuring one oversized grade-level door, one dock-high door, 24’ clear height, EVAP cooled warehouse, and a fenced and secure storage yard
  • 2-year lease term (NNN) remaining at time of acquisition with annual rental increases
  • Convenient access to I-17 in Central Phoenix and equidistant to I-10 and Loop 101
  • Located near the Metrocenter Mall redevelopment, an $850M mixed use community expected to begin opening in 2027

Marc is an experienced commercial real estate professional with more than 30 years of experience and a proven track record across operations, acquisitions, financing, leasing, development, and asset management. Over the course of his career, he has been involved in more than $10B in transactions spanning industrial, office, retail, multifamily, healthcare, and mixed-use assets. He is widely recognized for his ability to navigate complex situations and deliver strong outcomes through thoughtful problem-solving, clear communication and disciplined execution.

At WREN, Marc leads our operational strategy, oversees asset management and portfolio performance, partners closely with our CFO on budgeting and forecasting, supports acquisition analysis, and drives compliance and risk management initiatives. Prior to joining WREN, he held leadership roles at SimonCRE, Helix Properties, Opus West, and NorthMarq Capital. Marc earned his B.S. in Finance from Arizona State University.

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Marc on LinkedIn

Michael is an Arizona native with nearly 10 years of experience in the commercial real estate industry. Most recently, Michael spent five years with JDM Partners where he was responsible for all new acquisitions, financing, leasing, asset management, and disposition of assets exceeding 10 million SF and valued at +/-$3 billion in 40+ office, industrial, residential, hospitality and data center properties nationwide. Prior to his time at JDM, Michael also worked for Ryan Companies and Lincoln Properties as well as VEREIT, where he assisted in the underwriting and leasing of net-leased office, industrial and retail properties. Michael is a graduate of Arizona State University with Bachelor’s degree in Finance, a minor in Real Estate and a Master’s in Real Estate Development.

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Michael on LinkedIn

Jeff is an accomplished commercial real estate professional with more than 30 years of experience across development, investment, asset management and leasing for industrial, office, retail, multifamily and hospitality projects. He has held leadership positions with multiple Opus regional operating companies, Salt River Devco and most recently with ASU University Realty where he served as Chief Operating Officer and Managing Director. During his career, he has had development responsibilities for over 40 projects exceeding 6 million square feet, oversaw asset management for more than 3 million SF, and has been directly responsible for over 6 million SF of new leases and renewals. During his career, Jeff has established strong relationships with brokers, institutions, owners and managers in Phoenix and across the Southwest. Additionally, he has used his expertise and deal acumen to craft dozens of real estate joint ventures to the benefit of all parties involved. Jeff holds a Bachelor of Science degree in Real Estate from Arizona State University and is a licensed real estate broker in Arizona.

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Jeff on LinkedIn

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Kevin on LinkedIn

Kevin has over 30 years of commercial real estate industry experience. Prior to joining WREN Capital, Mr. Allen served as Chief Financial Officer for Wentworth Property Company, where he helped drive all segments of accounting, tax and finance, spanning office, industrial, self-storage and build-for-rent. At Discovery Land Company, a luxury residential private club developer, Kevin oversaw projects in Mexico, Hawaii and throughout North America. Additionally, he held financial and accounting leadership roles for Frank Residential, Opus West Corporation and SunCor Development Company, all located in Phoenix, AZ. He attended Purdue University and received his B.S. in Accountancy from Radford University. Kevin is a licensed CPA in the State of Arizona and member of the Arizona Society of CPAs.

Tom is a senior real Estate executive and board director with over 30 years of commercial real estate experience. As President/CEO of Opus West Corporation he was responsible for the development, design and construction of over 50 million SF of office, industrial, retail, and multi-family apartment and condominium projects totaling over $8 billion. As Chief Investment Officer of VEREIT (NYSE:VER), formerly Cole Real Estate Investments (NYSE:COLE), he was responsible for all real estate investment activities totaling over 125 million SF of office, industrial and retail properties, as well as joint ventures, valued at more than $32 billion. Tom received the 2012 Lifetime Achievement Award from the National Association of Industrial and Office Properties (NAIOP) and Opus West was named NAIOP Phoenix Chapter Developer of the Year 13 times. He has served as a board member for numerous real estate industry and charitable organizations over the years. Tom received his Bachelor of Science in Business Administration & Finance with a specialization in Real Estate from Arizona State University.

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Tom on LinkedIn